Re: Worth getting an extended warranty for a Blu-Ray player?
Maybe i should make clear what i was saying
When making a purchase decision you need to ask yourself some questions.
The answer to those questions drive the answer. You cannot just write yes or no
I never buy warranties and hers' why
Modern consumer electronics are remarkably reliable if they survive the first few days/ weeks.
99% of all failures occur at that point in my experience
Let's assume that the Blu Ray player was the Sony and it cost $250
Let's also assume that you're like most people and will upgrade or change player within 3/5 years
Let's also assume that a $250 player today will be about $125 in 3 years time, $199 in 12 months and $149 in two years.
If you also assume that after the first month the likelihood of failure is about 10%
What you have not told us and it's a critical piece of the discussion, is the price of the warranty. To be clear a warranty is a piece of insurance who's price is driven by historic data.
Based on my assumptions, if the price of the warranty is more than 10% of the replacement cost in the future you should not buy it.
So now you have the data, tell me the price of the warranty and i'll tell you what to do. yes or No
What you originally asked me was this
I'm thinking of buying a car and the guy has offered me a price, do you think i should?
You did not tell me anything about the player, the price, the warranty....